Quote:
Originally Posted by mrmustang
I'll say it again, the price of a car at a professional auction like BJ, RM, etc does not have any bearing on the pricing you as a private seller will get when he sells his/her Cobra replica. If you have not personally been to a BJ auction in the last 9 years, you will never understand why this is so.
Bill S.
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If the price of a car sold through auction is disconnected from the market for a private seller, then all private sellers would sell their cars through auction to realize higher prices. Of course some bidders get carried away, but otherwise why should the prices at auctions be so much higher than private sales? It doesn't make sense.